Business, Legal & Accounting Glossary

Definition: Extortion

Quick Summary of Extortion

The practice of obtaining something, especially money, through force or threats.

What is the dictionary definition of Extortion?

Dictionary Definition

n. obtaining money or property by threat to a victim’s property or loved ones, intimidation, or false claim of a right (such as pretending to be an IRS agent). It is a felony in all states, except that a direct threat to harm the victim is usually treated as the crime of robbery. Blackmail is a form of extortion in which the threat is to expose embarrassing, damaging information to family, friends or the public.

  1. Unjust exaction (as by the misuse of authority).
  2. The felonious act of extorting money (as by threats of violence).
  3. An exorbitant charge.

Examples of Extortion in a sentence

The extortion by dishonest officials of fees for performing their sworn duty.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Extortion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 23, 2021 https://payrollheaven.com/define/extortion/.
Chicago Manual of Style (CMS):
Extortion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/extortion/ (accessed: September 23, 2021).
American Psychological Association (APA):
Extortion. PayrollHeaven.com. Retrieved September 23, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/extortion/

Definition Sources

Definitions for Extortion are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 2 Views.